Source: International Thunderbird Gaming Corporation
Thunderbird Re-Opens Nuevo Laredo, Mexico.
Settlement with California Tribe.
Update on Nicaragua.
San Diego, CA
International Thunderbird Gaming Corporation (TSE
- INB) is pleased to announce that it has re-opened the skill machine facility
in Nuevo Laredo initially opened February 9, 2001. Thunderbird and
the Mexican Ministry of Interior ("Secretaria de Gobernacion") entered
into a voluntary dismissal of the Nuevo Laredo Amparo proceeding paving
the way for re-opening the operation. Thunderbird has initiated a
joint dialogue with Gobernacion on issues relating to skill games.
Thunderbird continues to implement its expansion plans for Mexico.
The first skill game operation in Matamoros
California Tribe Settlement:
International Thunderbird Gaming Corporation is an owner and manager of international gaming facilities. Additional information about the Company is available on its World Wide Web site at www.thunderbirdgaming.com
On behalf of the Board of Directors
This release contains certain forward-looking statements within the meaning
of section 21E of the United States Securities Exchange Act of 1934, as
amended. All statements, other than statements of historical fact, included
herein, including without limitation, statements regarding potential revenue
and future plans and objectives of the Company are forward-looking statements
that involve risk and uncertainties. There can be no assurances that such
statements will prove to be accurate and actual results could differ materially
from those anticipated in such statements. Important factors that could
cause actual results to differ materially from the Company's forward-looking
statements include competitive pressures, unfavorable changes in regulatory
structures, and general risks associated with business, all of which are
disclosed under the heading "Risk Factors" and elsewhere in the Company's
documents filed from time-to-time with the TSE and other regulatory authorities.